Two-Bin Inventory Control: Definition, How It Works, and Example

Two-bin inventory control provides a method by which companies are internally flagged when items they need for production are ...
Houston Chronicle

Basics of Inventory Control

Multiple inventory control methods exist including aggregate control, item level control, ABC analysis, economic-order-quantity and lot-size methods. Small companies that find it difficult to ...
Houston Chronicle

Examples of Inventory Control Performance Metrics

Buying unnecessary inventory costs your business money. Conversely, inadequate inventory can lose sales. Accountants and analysts have developed a number of metrics for judging how efficiently your ...
Forbes

Why Effective And Efficient Inventory Management Is Key To Delivering Positive Customer Experiences In Retail

The past couple of years have taught retailers to be prepared for unexpected changes in customer demand and product supply. However, they have also highlighted the challenges retailers face when ...
Investopedia

Inventory Management: Definition, How It Works, Methods, and Examples

Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...